WREN Wt Rene Etf

 

TIDMWREN 
 
RNS Number : 9142T 
Wren Extra Care Group PLC 
05 October 2010 
 
 
5 October 2010 
 
 
 
                      Wren Extra Care Group plc (AIM: WREN) 
                            ("Wren" or the "Company") 
 
                                 Company update 
 
Wren announced earlier today, that a subsidiary of the Company (Wren Estates 
Limited ("Wren Estates")) had received notice demanding the immediate repayment 
of all sums due to its main lender (the "Lender") under various loan agreements 
(the "Loan Agreements") and that as a result, Wren Estates was in default under 
the Loan Agreements. Wren Estates has since confirmed to the Lender that it was 
not in a position to make repayment of all sums due under the Loan Agreements. 
As a result, the Lender has appointed GVA Grimley Limited as fixed charge 
receivers to Wren Estates pursuant to the Law of Property Act 1925 with 
immediate effect. 
 
Enquiries: 
 
+------------------------+-----------------------------------+ 
| Wren Extra Care Group  |                                   | 
| Plc                    |                                   | 
+------------------------+-----------------------------------+ 
| James Butterfield      | Tel: 01372 742 244                | 
| Corporate Development  | www.wrenhomesplc.co.uk            | 
| Director/              |                                   | 
| Mike O'Donnell         |                                   | 
| Financial Director     |                                   | 
+------------------------+-----------------------------------+ 
|                        |                                   | 
+------------------------+-----------------------------------+ 
| Shore Capital          |                                   | 
+------------------------+-----------------------------------+ 
| Pascal Keane           | Tel: 020 7408 4090                | 
+------------------------+-----------------------------------+ 
|                        |                                   | 
+------------------------+-----------------------------------+ 
| Peckwater PR           |                                   | 
+------------------------+-----------------------------------+ 
| Tarquin Edwards        | Tel: 07879 458 364                | 
+------------------------+-----------------------------------+ 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
   END 
 
 MSCLLFSRIALEIII 
 

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